Climate risk to take trillion-dollar bite out of U.S. real estate: report

NAMPA / Xinhua

2025-02-03

NEW YORK, Feb. 3 (Xinhua) -- As natural disasters and extreme weather events become more common, the U.S. real estate market will lose more than a trillion dollars in value as Americans move away from riskier areas and toward those expected to be more resilient, according to Property Prices in Peril, a new report from climate analytics firm First Street. "But the great climate migration of the coming decades won't be linear. Americans will lik......

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